SBI Securities Co. Ltd. Has $863,000 Stake in Duolingo, Inc. $DUOL

SBI Securities Co. Ltd. lessened its stake in shares of Duolingo, Inc. (NASDAQ:DUOL) by 49.4% during the second quarter, Holdings Channel reports. The fund owned 2,104 shares of the company’s stock after selling 2,054 shares during the quarter. SBI Securities Co. Ltd.’s holdings in Duolingo were worth $863,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Bryce Point Capital LLC bought a new stake in Duolingo in the 2nd quarter valued at about $946,000. Los Angeles Capital Management LLC acquired a new position in shares of Duolingo during the second quarter worth approximately $14,377,000. Jefferies Financial Group Inc. bought a new position in shares of Duolingo in the 1st quarter worth $3,772,000. Hsbc Holdings PLC grew its position in Duolingo by 39.0% in the 1st quarter. Hsbc Holdings PLC now owns 3,186 shares of the company’s stock valued at $995,000 after purchasing an additional 894 shares during the period. Finally, Acadian Asset Management LLC increased its stake in Duolingo by 124.9% during the 2nd quarter. Acadian Asset Management LLC now owns 49,030 shares of the company’s stock valued at $20,093,000 after purchasing an additional 27,228 shares in the last quarter. 91.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DUOL has been the subject of a number of analyst reports. KeyCorp cut shares of Duolingo from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 6th. UBS Group decreased their price objective on Duolingo from $500.00 to $450.00 and set a “buy” rating for the company in a report on Monday, October 20th. JPMorgan Chase & Co. lowered their price objective on Duolingo from $465.00 to $300.00 and set an “overweight” rating for the company in a research note on Thursday, November 6th. Needham & Company LLC cut their target price on Duolingo from $460.00 to $300.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. Finally, Zacks Research lowered Duolingo from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 13th. Ten equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Duolingo has an average rating of “Hold” and an average target price of $340.53.

Duolingo Stock Down 0.0%

Shares of NASDAQ:DUOL opened at $186.54 on Friday. Duolingo, Inc. has a 1 year low of $182.00 and a 1 year high of $544.93. The company has a market capitalization of $8.55 billion, a PE ratio of 23.64, a price-to-earnings-growth ratio of 1.18 and a beta of 0.83. The business has a fifty day moving average price of $290.11 and a two-hundred day moving average price of $371.77. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.82 and a quick ratio of 2.82.

Duolingo (NASDAQ:DUOL) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $5.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $5.23. Duolingo had a net margin of 40.03% and a return on equity of 14.02%. The company had revenue of $271.71 million for the quarter, compared to the consensus estimate of $260.14 million. During the same period in the previous year, the firm earned $0.49 EPS. The firm’s quarterly revenue was up 41.1% on a year-over-year basis. Duolingo has set its Q4 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts forecast that Duolingo, Inc. will post 2.03 earnings per share for the current year.

Insider Activity at Duolingo

In other news, insider Natalie Glance sold 3,283 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $312.30, for a total transaction of $1,025,280.90. Following the transaction, the insider owned 116,171 shares of the company’s stock, valued at $36,280,203.30. This represents a 2.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Matthew Skaruppa sold 10,937 shares of the business’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $317.39, for a total value of $3,471,294.43. Following the completion of the sale, the chief financial officer owned 43,345 shares in the company, valued at $13,757,269.55. This represents a 20.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 75,735 shares of company stock worth $22,998,736. 15.67% of the stock is currently owned by company insiders.

About Duolingo

Duolingo, Inc operates as a mobile learning platform in the United States, the United Kingdom, and internationally. The company offers courses in 40 different languages, including Spanish, English, French, German, Italian, Portuguese, Japanese, and Chinese through its Duolingo app. It also provides a digital English language proficiency assessment exam.